Monday, January 9, 2012

How long more will this bear market go?

Shanghai Index has been in bear territory (never recover above 200 day EMA) since May 2011, Hong Kong since June, Singapore since August.

Notwithstanding, Dow Jones and FTSE have recovered above their 200 day EMA. DAX is on the verge...

I think it is a matter of time before the Asian markets follow. This bear market won't be too long. 




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